Screen Shot 2015-11-20 at 08.30.42

Hello traders welcome to a new trading day. We have some good trade set ups today remember it is Friday and profit taking ect… Enjoy your weekend break traders !

Plan Your Trade and Trade your Plan !

Traders we have to be on alert today as price action is all over the place on the charts and that is good. So let us take a look at the currency of the day being the EURJPY- This is another 30 Minute chart. We have a look at price action and you can see we have broken resistance being the daily pivot. I placed a trend line on the chart and looking for a pullback and a bearish candle and look to enter at price of 13.77. I am looking to take profit at the support zone as marked on the chart at the price of 131.40

Enjoy your weekend traders and talk soon ….William

FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.